Business Savings Rates

Current as of February 21, 2018.

Business Savings
Balance Dividend Rate* Annual Percentage Yield (APY)** Minimum Average Daily Balance to Earn Dividend
 Any 0.15% 0.15% N/A

Business Certificates
Term Minimum to Open Interest Rate APY**
6 Months $250.00 0.598% 0.60%
12 Months $250.00 0.797% 0.80%
18 Months $250.00 1.835% 1.85%
24 Months*** $250.00 0.797% 0.80%
30 Months $250.00 1.243% 1.25%
36 Months $250.00 1.342% 1.35%
42 Months*** $250.00 1.094% 1.10%
48 Months $250.00 1.736% 1.75%
60 Months $250.00 1.638% 1.65%
To apply for loans, open accounts or to schedule a meeting to discuss your business, contact:

Business Products/Services
Robert Boley
AT – Business Services Advisor
OFFICE: (978) 703-7982
MOBILE: (978) 421-4644
EMAIL: Robert.Boley@jdcu.com
Loan Products
Kara Doyle
VP – Commercial Lending
OFFICE: (978) 323-3242
MOBILE: (978) 479-7150
EMAIL: Kara.Doyle@jdcu.com
*

Dividends are calculated using the daily balance method which applies a periodic rate to the daily balance in the account for that period.

**

APY=Annual Percentage Yield. Rates effective as of January 24, 2018. A $250 minimum balance is required to open a Certificate of Deposit. A penalty may be imposed for early withdrawal. Upon maturity, certificate may automatically roll into another term. Please check with a Member Service Representative for additional information. A $5.00 Membership Account is required.

***

This Certificate is available with a one-time bump-up option.